Analysis and operation ideas of Ethereum in the early morning of June 4

Ethereum's price fluctuation today is not too strong. The price of the currency reached a maximum of around 3850 at noon today and began to fall in amplitude. At the same time, the MA30-day moving average in the daily technical indicators still maintains an upward trend and the increase is relatively strong. The KDJ technical indicators and MACD technical indicators in the daily technical indicators are in a sideways shock adjustment stage. At present, the price of Ethereum has stabilized above the MA5-day moving average and the MA10-day moving average. Therefore, the operation ideas in the early morning and morning today remain unchanged, and the main focus is still on stepping back to do more

From the perspective of the 4-hour technical indicators, the three lines of the KDJ technical indicator turned upward, and the MACD technical indicator was in a state of short shrinkage. The entire track of the BOLL technical indicator was close to the currency price and ran in the middle track area. At the same time, after the adjustment of the ultra-short MA moving average, the currency price also stabilized above the MA three-day moving average. Therefore, the operation ideas during the early morning are still mainly stepping back to do more

Ethereum: Long near 3780-3745 Stop loss: 3707 Target: 3860-3920

Bitcoin: Long around 69000-68500 Stop loss: 67800 Target: 69800-70600#BTC #ETH $ETH